BKH Crosses Above Average Analyst Target
June 22, 2018 at 07:50 AM EDT
In recent trading, shares of Black Hills Corporation (BKH) have crossed above the average analyst 12-month target price of $60.40, changing hands for $60.43/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..